Front of tan suburban home with two car garage and green lawn

63k Profit Pre Foreclosure Flip Potential in RGV Sold

  • $55,000
  • 3 beds
  • 2 baths
  • 1852 sqft

 

Mission Pre Foreclosure

Pre Foreclosure 3 Bedroom 2 Bathroom Single-Family Home for sale in Mission, TX

This is the perfect investment flip potential property you are catching right at pre foreclosure. At approx. 1850 square feet it resides in Meadow Creek Country Club subdivision and Golf Course. Golf Course right behind property in the backyard. Golf cart/small garage in back of home. Needs TLC. Perfect for investors not afraid to dig in and turn a quick profit.

Comparable Sold Properties (6 months):

  1. 804 Lake View Dr. Mission TX
    2bed/2bath   1996 built  1242 sqft    SOLD: 107K (86.15 ppsqft)
  2. 802 Lake View Dr. Mission TX
    2bed/2bath   1996 built  1486 sqft    SOLD: 105K (70.7 ppsqft)
  3. 2100 Crystal Dr. Mission TX
    2bed/2bath   1995 built  1184 sqft    SOLD:  94,500 (79.81 ppsqft)

AVG ppsqft: 78.89
AVG Rent: 1,005
ARV: 146,104

Estimated Repairs: 28K (roof , fascia boards, leaked ceilings, carpet, flooring)
BREAKDOWN PROJECTION: Purchase Price 55k+Repairs 28k= 83K Invested,
ARV 146k – 83k Invested = 63K Profit
PROJECTED PROFIT: 63K

For more DEEPLY Discounted Properties Visit: http://www.rgvdiscounthomes.com/

To SELL your HOME QUICK Visit: http://www.rgvbuyers.com/

Price:
$55,000
Address:
1206 Lake View Dr.
Mission, TX 78572
Square Feet:
1852
Lot Size:
0.2123 Acres
Bedrooms:
3
Bathrooms:
2
Terms:
For Sale
Property Type:
Home
Year Built:
1989
Const. Type:
Modular

Additional Features

Resides in Meadow Creek Country Club subdivision and golf course

Call 210-346-0227 for more details

Property Location

Call Us!
210-346-0227